Will I be able to buy Florida property cheapies if people can't afford insurance payments?

Will I be able to buy Florida property cheapies if people can't afford insurance payments?

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  1. 1 month ago
    Anonymous

    Iirc, last year was an El Niño, which helped to create wind shear and that made the hurricanes veer off into the Atlantic. That’s no longer the case this summer. How do I short or profiteer?

  2. 1 month ago
    Anonymous

    I mean if houses are destroyed then supply will decrease therefore prices will increase. Now if this hurricane somehow manages to decrease the demand then its a matter of which one overpowers the other

    • 1 month ago
      Anonymous

      Good point anon, maybe cheap land then?

    • 1 month ago
      Anonymous

      Already increased my shares of oil MLPs. All we need is 1 or 2 refineries to be affected and suddenly refineries and pipelines will be immensely profitable.

  3. 1 month ago
    Anonymous

    Katrina wasn't even a bad hurricane, it just hit in the worst possible spot

    • 1 month ago
      Anonymous

      Yeah it's just a roll of dice

      • 1 month ago
        Anonymous

        I'd wager that it hit the "worst possible spot" exactly because house prices are cheap there because the smart know that's where it has the highest chance to hit

        leading to poverty stricken areas also being at highest risk for hurricane hitting and destroying poorly maintained stuff

  4. 1 month ago
    Anonymous

    but anyway on the long term property on Florida is literally a sinking ship
    didn't you see that the insurance companies are pulling out of beach properties? Water rise is undeniable at this point and no joke (I don't care if it's manmade or not, it's happening)

    • 1 month ago
      Anonymous

      >long term owning property in florida is a sinking ship
      Yeah all the millionaires and billionaires that own property in south Florida are idiots that don't know how to think long term

      • 1 month ago
        Anonymous

        Uber-rich people don't give a shit if their 5th house sinks if it means they get to have more fun in the here and now

        • 1 month ago
          Anonymous

          Also it's kinda irrelevant because super rich can pay for expensive insurance with no issues.

    • 1 month ago
      Anonymous

      The chuds convinced the boomers that rising sea levels is a hoax so they can dump beach properties on them

  5. 1 month ago
    Anonymous

    sounds good, man. all green flags

  6. 1 month ago
    Anonymous

    Cali/Illinois/NY journo cope for losing everyone to Texas and Florida is as follows

    >Texas has... POWER SUPPLY PROBLEMS!!!
    >Florida has.... MORE EXPENSIVE HOME INSURANCE IN SOME PLACES

    rinse and repeat, pathetic

    • 1 month ago
      Anonymous

      >avoid the groid on a national level

    • 1 month ago
      Anonymous

      Surprised Pennsylvania has so much blue

    • 1 month ago
      Anonymous

      This is the map of liberals moving to your hometown

      • 1 month ago
        Anonymous

        I think you overestimate how many aggressive lefties there are out there. At some point moderates/centrists have enough too, and it's good that they're leaving the urban echo chambers.

        • 1 month ago
          Anonymous

          >moderates/centrists
          You mean leftists

          • 1 month ago
            Anonymous

            No, they just follow whatever is getting programmed into their brain. If a leftist has access, they lean left. That's what I mean. They're leaving the mind control centers of urban America, these are 2 different worlds.

            We saw a similar effect happen already

            >60s civil rights and growing leftism
            >rise of crime/costs/inflation
            >mass exodus from cities into suburbs
            >starting with Reagan, a 20 year right wing boom and RETVRN to pro Americanism

            Inevitably lefties are their own worst enemy

    • 1 month ago
      Anonymous

      Blue Texas and Idaho soon

  7. 1 month ago
    Anonymous

    >I wanna be surrounded by dementia ridden boomers and Mexicans

    Dude just go to Home Depot. You don't even have to buy anything

    • 1 month ago
      Anonymous

      Where else is cozy and warm?

  8. 1 month ago
    Anonymous

    bump

  9. 1 month ago
    Anonymous

    Oceans are warming due to climate change.
    This creates more extreme weather events.
    Coastal property is at risk of storm surges, flooding, trees falling.
    You will one day be unable to insure at-risk properties. No mortgages....values will plummet.

  10. 1 month ago
    Anonymous

    Florida is a Hispanic shithole, I'd maybe have a 4th vacation house in Islamorada so I could fish but beyond that, I'd never live there.

  11. 1 month ago
    Anonymous

    How far from the coast should I buy my house? Will it be coastal soon?

  12. 1 month ago
    Anonymous

    imagine living ANYWHERE where random acts of god can just blow your entire community the frick out and there is nothing you can do but hold onto your ass and hope you are spared

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